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Home»BLOCKCHAIN NEWS»Donald Trump eyes Elon Musk as policy advisor to strengthen cryptocurrency advocacy agenda
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Donald Trump eyes Elon Musk as policy advisor to strengthen cryptocurrency advocacy agenda

By Crypto FlexsMay 29, 20243 Mins Read
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Donald Trump eyes Elon Musk as policy advisor to strengthen cryptocurrency advocacy agenda
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The Wall Street Journal (WSJ) reported that Donald Trump is considering Elon Musk as a policy advisor if he wins the U.S. presidential election this year. This means Musk can be an advisor on economic and border security issues, as the tech giant has the potential to exert “official voice and influence” in these areas.

According to the Journal, Musk has been actively participating in an influencer campaign to dissuade prominent American business leaders from supporting incumbent Democratic President Joe Biden.

In particular, Musk and Trump are two figures who are at odds when it comes to cryptocurrency, but recent results appear to be positive. Despite his criticism of Bitcoin in 2021, Musk doubled down on how Dogecoin (DOGE) is his favorite cryptocurrency at a recent Wall Street Journal conference.

Meanwhile, Trump has recently been actively pro-crypto, and has pledged to end hostility toward the U.S. digital asset environment if elected, saying he is “very positive” about cryptocurrency companies advocating for U.S. leadership in the cryptocurrency industry. “It’s open,” he said. industry. Moreover, presidential candidates have started accepting donations in cryptocurrency for their campaigns.

Musk has also explored the possibility of supporting “data-driven projects to prevent voter fraud” with billionaire investor Nelson Peltz, but specific details have not yet been disclosed.

Representatives for Trump and Musk have not yet commented, but Trump campaign spokesman Brian Hughes emphasized that the advisory role of Trump’s presidency is entirely at Trump’s own discretion.

Moreover, although Musk has been vocal in his criticism of Biden’s policies, he has not officially endorsed any candidate in the upcoming November election. But the CEOs of Tesla and X appear to be aligning more closely with Republicans recently.

Despite Musk’s announcement in March that he would refrain from making political donations, his political maneuvering has not gone unnoticed. As evidenced by a CivicScience investigation, his controversial comments and endorsements of social media platform

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